Financing Strategies

Alstom, the French engineering company, has been awarded a US$530mn turnkey contract to construct a 400MW combined cycle power plant in Tunisia. The project marks further inroads... 2008-07-03

Spanish integrated oil and gas producer Repsol YPF has announced plans to spend between US$1.5 and US$2bn on developing the potentially vast crude oil reserves discovered at Brazil's... 2008-07-03

Spain's Gas Natural has agreed to sell a 15% stake in its Mexican subsidiary, Gas Natural México to financial firm Sinca Inbursa.The Carlos Slim-controlled financial will pay EUR47mn... 2008-07-02

Starwood Energy Group Global, a subsidiary of Starwood Capital, and a private equity firm specialising in the energy and power sectors, announced on June 20 the closure of its first... 2008-06-26

On June 16 at the Organization of Islamic Conference (OIC) Business Forum in Kampala, Uganda the formation of the National Islamic Bank of Uganda was announced. The bank will be the... 2008-06-19

Hughes Telematics has agreed to be acquired by Polaris Acquisition for US$700mn. The all-stock deal will give Atlanta-based Hughes a US$140mn capital injection, which Eric Goldman... 2008-06-19

New York-based FTL Solar announced on June 6 that it has closed the first round of funding for its US$50mn capital acquisition initiative. FTL Solar, which is a developer and manufacturing... 2008-06-13

On June 5, PrivateBancorp, a Chicago-based financial services company, announced that it would sell 4mn shares at US$34 per share in a continued effort to raise funds for the bank's... 2008-06-13

PetroChina, Asia's top oil and gas producer, is planning to issue up to CNY60bn (US$8.7bn) in corporate bonds in a potentially record breaking corporate bond issue, as high global... 2008-06-13

Saudi Kayan Petrochemical Company has finalised US$6bn in loans to finance some of its costs for its new complex in Saudi Arabia's industrial city, Jubail. The US$6bn consists of... 2008-06-06